Raw gold bullion

Ended Awarded

Contract number
2031JG24F51059
Awardee
Awarding agency
Obligated
$3,914,561

Award facts

Contract value 100% obligated
$3,914,561.31 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
NAICS code
331410 Nonferrous Metal (except Aluminum) Smelting and Refining
PSC
9660 Precious Metals Primary Forms
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Great Britain, United Kingdom

Award details come from SAM.gov/FPDS.

About this award

This federal contract award to Stonex Financial LTD, a London-based for-profit international organization, is a firm fixed price delivery order contract for the supply of raw gold bullion to the United States Mint. The contract, valued at $3,914,561.31, has an ultimate completion date of August 30, 2024. Stonex Financial LTD has been awarded multiple delivery order contracts with the U.S. Mint, ranging from $1 million to $22 million per order, for the provision of precious metal raw materials including gold, silver, and palladium. The company also holds two significant indefinite delivery vehicle (IDV) contracts with the U.S. Mint, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion, allowing the agency to consistently source critical raw materials from this proven international supplier. This contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG24F51059?

2031JG24F51059 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 19, 2024.

How much is contract 2031JG24F51059 worth?

The government has obligated $3,914,561 on 2031JG24F51059.

Is contract 2031JG24F51059 an order under another contract?

Yes. 2031JG24F51059 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG24F51059 competed?

The extent of competition for 2031JG24F51059 was full and open competition.

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